a recent environmental technology graduate is trying to decide whether he should keep his presently on car or purchase a more environmentally friendly hybrid. a new car will cost $26,000 and have annual operating cost of $1200 per year with an $8000 salvage value in five years which is it's estimated economic service life. the presently owned car has a resale value now of $5000

Knowledge check 01 taylor company has current sales of 1,000 units, at a selling price of $190 per unit, variable costs per unit of $76 and fixed expenses of $96,000. the company believes sales will increase by 300 units, if the company introduces sales commissions as an incentive for the sales staff. the change will decrease the selling price to $175 per unit, increase variable cost per unit to $100 and decrease fixed expenses by $20,000. what is the net operating income after the changes? increase of $21,500 decrease of $30,000 increase of $24,500 decrease of $22,000